X0306 4 2016-04-15 0001105705 TIME WARNER INC. TWX 0001236136 GINSBERG GARY L ONE TIME WARNER CENTER NEW YORK NY 10019 1 Executive Vice President Common Stock, Par Value $.01 2016-04-15 4 M 0 216 0 A 25352 D Common Stock, Par Value $.01 2016-04-15 4 F 0 120 74.50 D 25232 D Restricted Stock Units 2016-04-15 4 M 0 216 0 D Common Stock, Par Value $.01 216 7906 D Shares of common stock acquired upon the vesting of restricted stock units awarded on April 15, 2014. Each restricted stock unit represents a contingent right to receive one share of common stock. The Reporting Person received one share of common stock for each restricted stock unit that vested. Payment of tax liability by withholding shares of common stock incident to the vesting of restricted stock units in accordance with Rule 16b-3. These restricted stock units vest in four equal installments, with the first installment on February 15, 2016 and the second, third and fourth installments on the next three anniversaries of their date of grant, April 15, 2014. These restricted stock units include (i) restricted stock units that vest in two equal installments on the third and fourth anniversaries of the date of grant, February 15, 2013, (ii) restricted stock units that vest in four equal installments on the first four anniversaries of the following dates of grant: February 15, 2014 and February 15, 2015, and (iii) restricted stock units that vest in four equal installments on February 15, 2016 and the second, third and fourth anniversaries of the date of grant, April 15, 2014. By: Brenda C. Karickhoff for Gary L. Ginsberg 2016-04-18